Former MarkWest CEO John M. Fox to Marathon and MPLX: Your Multiple is Over the Top
Stated target value to eliminate Incentive Distribution Rights (IDRs) is in question: Fox says that Marathon Petroleum’s 15x – 20x multiple for elimination of IDRs will damage MPLX unitholders, including MPC, the largest MPLX unitholder
John M. Fox, co-founder and …
